Mik Leatherguru Works Private Limited
About Mik Leatherguru Works Private Limited
Data last updated:
Mik Leatherguru Works Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U19116MP2016PTC035347.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Kamlesh Panchal and Mahipal Singh Rawat.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 10 Saidham Colony Sharma Enclave Parisar, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2018, the company reported a revenue of ₹92.59 Lakh, a growth of 103% compared to the previous year. For the same year it recorded a net profit of ₹2.07 Lakh (net margin 2.2%) and EBITDA of ₹8.42 Lakh (EBITDA margin 9.1%).
As per MCA filings, the company has open charges of ₹70 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mik Leatherguru Works Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10 Saidham Colony Sharma Enclave Parisar, Indore, Madhya Pradesh, India – 452001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mik Leatherguru Works Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Mik Leatherguru Works is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Mik Leatherguru Works Private Limited, buy the company report.
Financials of Mik Leatherguru Works Private Limited
FY 2018 filings availableMik Leatherguru Works Private Limited reported revenue of ₹92.59 Lakh (up 103% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 103% in the latest year. EBITDA rose 106% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹92.59 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹8.42 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.07 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.1% | ||
| Net Profit Margin | 2.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Mik Leatherguru Works Private Limited, buy the company report.
Board of directors of Mik Leatherguru Works Private Limited
Mik Leatherguru Works has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahipal Singh Rawat | Nominee Director | 09 Feb 2016 | 10 Years 8 Months | Current |
| Kamlesh Panchal Also directs: Career Guru Education Consultancy Private Limited | Director | 09 Feb 2016 | 10 Years 8 Months | Current |
Peer comparison
Mik Leatherguru Works Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Danfield Bobbin Limited | ₹92.82 Lakh (FY 2018) | -46.0% | Amritsar, Punjab, India | |||
| Vasudev Yarns Private Limited | ₹92.68 Lakh (FY 2016) | 82.0% | Nandurbar, Maharashtra, India | |||
| Mik Leatherguru Works Private Limitedthis company | ₹92.59 Lakh (FY 2018) | ₹2.07 Lakh | 2.2% | 103.0% | Indore, Madhya Pradesh, India | |
| Vettri Exports Private Limited | ₹92.43 Lakh (FY 2024) | 306.0% | Tirupur, Tamil Nadu, India | |||
| Sumitra Garments Private Limited | ₹92.38 Lakh (FY 2025) | -14.0% | New Delhi, Delhi, India | |||
| Divyam Exim Private Limited | ₹92.29 Lakh (FY 2025) | 13.0% | Ballabgarh, Haryana, India |
To see the full peer comparison of Mik Leatherguru Works Private Limited, buy the company report.
Auditor
Mik Leatherguru Works Private Limited is audited by G P A & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G P A & CO | FY 2018 | 024310C |
Shareholding
The shareholding of Mik Leatherguru Works Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mik Leatherguru Works Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2017 | 100132566 | Others | ₹70 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Mik Leatherguru Works Private Limited has 3 court cases on record: 3 filed by Mik Leatherguru Works. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dewas, Madhya Pradesh | Court case (UN CR) | Filed by the company against Aniket Industries Gourav Jain | Disposed |
| District court, Dewas, Madhya Pradesh | Court case (SC NIA) | Filed by the company against M/S Rahat Traders by Prop.Ahsaan Alam | Disposed |
| District court, Dewas, Madhya Pradesh | Court case (SC NIA) | Filed by the company against M/S Rahat Traders, by Prop. Ahshan Alam | Disposed |
To see the full case history of Mik Leatherguru Works Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mik Leatherguru Works Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mik Leatherguru Works Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mik Leatherguru Works Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Kamlesh Panchal was appointed as Director on 09 Feb 2016.
Frequently asked questions
Mik Leatherguru Works is an active private limited company based in Indore, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 February 2016 (10+ years old) and is registered under CIN U19116MP2016PTC035347.
Mik Leatherguru Works has 2 current directors:
- Mahipal Singh Rawat - Nominee Director
- Kamlesh Panchal - Director
The latest financial statements of Mik Leatherguru Works on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Mik Leatherguru Works is U19116MP2016PTC035347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mik Leatherguru Works has 3 court cases on record: 3 filed by the company.
Mik Leatherguru Works was incorporated on 09 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mik Leatherguru Works by revenue are Danfield Bobbin Limited, Vasudev Yarns Private Limited, Vettri Exports Private Limited, Sumitra Garments Private Limited, Divyam Exim Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kamlesh Panchal was appointed as Director on 09 Feb 2016. Mahipal Singh Rawat was appointed as Nominee Director on 09 Feb 2016.
The registered office of Mik Leatherguru Works is at 10 Saidham Colony Sharma Enclave Parisar, Indore, Madhya Pradesh, India – 452001.
Mik Leatherguru Works operates in the manufacturing industry, in the textile and fabric production segment.
Mik Leatherguru Works has open charges of ₹70 Lakh and no satisfied charges on record as per latest MCA filings.
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